People Moves

Northern Trust's PFS Team Pushes Into Washington DC

Harriet Davies Editor - Family Wealth Report 24 June 2011

Northern Trust's PFS Team Pushes Into Washington DC

Northern Trust’s personal financial services business is pushing into the Washington DC market with the appointment of Joanne Stringer as a managing director there, charged with leading a new office.

Stringer has led a number of office openings for Northern Trust, both in the US and abroad. Internationally she has held roles such as head of business development for the Nordic region of Europe for Northern Trust's corporate and institutional services division.

She takes over the role directly from her previous position as MD of the Stamford, Connecticut PFS team, which in turn is being taken over by Brian Donovan.

Going forwards, Stringer will be responsible for the overall strategy and direction of the personal financial services team in Washington DC, leading around 20 people. She will focus on building the team, sourcing new business and building the firm’s brand in this new market.

This is the second appointment to emerge at the firm’s personal financial services division this week, after it was announced that John Hoffman has been appointed president of the unit in New York. He is now responsible for overall management of the division there.

Hoffman joined Northern Trust when it opened its New York office back in 2003, where, as a senior wealth advisor, he helped develop the wealth advisory unit.

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